Litecoin LTC/USD is trading at the level of 97. Cryptocurrency is traded above the upper boundary of Ichimoku Kinko Hyo Cloud, which indicates the presence of a bullish trend in Litecoin. Ichimoku Kinko Hyo signal line area test is near the level 93, from which it is expected to rebound and try to continue the growth of LTC/USD with a target above the level of 110.
Litecoin prediction & analysis LTC/USD on November 30, 2017
An additional signal in favor of the growth of the cryptocurrency will be a test of the support level. Earlier, a medium strength signal was obtained for buy of Litecoin crypto currency due to the crossing of signal lines at level 59. The abolition of the Litecoin growth option will be the breakdown of the lower boundary of the Ichimoku Kinko Hyo Cloud with the closing of quotes below area 78, which indicates a change in the bullish trend in favor of a bearish trend. Expect to accelerate the growth of the cryptocurrency is with the breakdown of the level of 100.
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